Conrad Metzenberg
California accessory dwelling unit addition
I've been running the numbers on adding and ADU on to my primary residence. My goal is to add on to my section of the house and have the rental income from the ADU cover the cost of the project. Does anyone have any ...
Marcus Maloney
1st Seller Finance Transaction
Hopefully I can receive a quick reply......Thanks in advance for your inputI am doing a seller finance on one of my rentals, here's the situation: Purchase Price: $54,000Down Payment: $15,000Term: 7 yearsInterest Rate...
Justin Kill
Owner occupancy rate in condos lowering
This will probably take awhile to roll out, but FHA guidelines are supposed to be going down to 35% provided other requirements from my understanding. The condo has to go through some re-certification process to be...
Joshua Solomon
Rental market Gates , ny
Looking at buying a duplex in Gates, ny a suburb of Rochester, trying to get an idea of what the rental market is like, i.e. Do houses rent quickly do tenants stay long what kind of tenants would Gates atttract, love...
Josh Richter
House Hacking a Duplex
Hello was wondering if there was a different way to run the numbers on a property if planning on living in one of the units for a year?
Charles Enman
Property Purchase with SDIRA Involvement
I'd appreciate any wisdom you experienced SDIRA posters can share on this specific situation:My deceased mother's trust includes a commercial property worth ~$1.5mm. The beneficiaries of the trust are my two siblings...
Reaz Ahmed
What are the pros and cons of seller financing?
I've been coming across many deals where the seller is offering financing. The obvious con here is that their rates will be higher compared to traditional financing, but what are some other cons and pros to consider?
Jeff West
Private or hard money in OKC area
Is anyone here a private money or hard money lender in OKC or know a good one you could point me to? I currently have one rental and am looking to add 3-4 units over the next year. Any help would be appreciated. Thank...
Alex Stariha
Bank Referral- commercial resedential
Hello everyone,I have historically been dealing only in 4 unit and under sized buildings which has allowed me to work with traditional residential financing. I am now ready and currently getting ready to offer on a 16...
Steve Sauro
Should I pay fees to set up a HELOC?
I'm considering getting a HELOC against my primary residence since have a lot of equity in the home. The question I have is should I expect to pay a fee to set up the LOC? I realize and understand the variable inter...